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Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"Volkswagen Group CEO Oliver Blume presented its vast reorganization plan for the group on Wednesday at the group’s Capital Markets Day. A severe cost-cutting exercise is needed to remain competitive, and the group wants to increase electric sales in China and the U.S.”If the bulk of our revenues still comes from Europe, the growth for […]<\/p>\n","protected":false},"author":13,"featured_media":136409,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[2043,16,4,17],"tags":[],"class_list":["post-136397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-industry","category-top-stories-today","category-weekly-newsletter"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?fit=1474%2C978&ssl=1",1474,978,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?fit=300%2C199&ssl=1",300,199,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?fit=640%2C425&ssl=1",640,425,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?fit=640%2C424&ssl=1",640,424,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?fit=1474%2C978&ssl=1",1474,978,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?fit=1474%2C978&ssl=1",1474,978,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?fit=18%2C12&ssl=1",18,12,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?fit=560%2C372&ssl=1",560,372,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=1474%2C240&ssl=1",1474,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=1474%2C180&ssl=1",1474,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=1474%2C180&ssl=1",1474,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13.png?resize=1474%2C180&ssl=1",1474,180,true]},"post_excerpt_stackable_v2":"
Volkswagen Group CEO Oliver Blume presented its vast reorganization plan for the group on Wednesday at the group’s Capital Markets Day. A severe cost-cutting exercise is needed to remain competitive, and the group wants to increase electric sales in China and the U.S.”If the bulk of our revenues still comes from Europe, the growth for the future has to come from China and the U.S.,” Blume declared yesterday. “We will concentrate on our margins and will privilege value before volume.” The boss thinks about operating margins of 9-11% by 2030, whereas it was 8% last year.This content has been archived.…<\/p>\n","category_list_v2":"Energy<\/a>, Industry<\/a>, Top Stories Today<\/a>, Weekly Newsletter<\/a>","author_info_v2":{"name":"Tony Verhelle","url":"https:\/\/newmobility.news\/en\/author\/toverbel\/"},"comments_num_v2":"0 comments","yoast_head":"\nVolkswagen Group CEO presents its reorganization plan - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/06\/22\/volkswagen-group-ceo-presents-its-reorganization-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Volkswagen Group CEO presents its reorganization plan - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Volkswagen Group CEO Oliver Blume presented its vast reorganization plan for the group on Wednesday at the group's Capital Markets Day. A severe cost-cutting exercise is needed to remain competitive, and the group wants to increase electric sales in China and the U.S."If the bulk of our revenues still comes from Europe, the growth for […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2023\/06\/22\/volkswagen-group-ceo-presents-its-reorganization-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-22T09:26:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-23T10:14:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2023\/06\/Schermafbeelding-2023-06-22-om-11.22.13-1024x679.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"679\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tony Verhelle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony Verhelle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/22\\\/volkswagen-group-ceo-presents-its-reorganization-plan\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/22\\\/volkswagen-group-ceo-presents-its-reorganization-plan\\\/\"},\"author\":{\"name\":\"Tony Verhelle\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/9ed42cfc4d62d98488c1d6e225040557\"},\"headline\":\"Volkswagen Group CEO presents its reorganization plan\",\"datePublished\":\"2023-06-22T09:26:52+00:00\",\"dateModified\":\"2023-06-23T10:14:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/22\\\/volkswagen-group-ceo-presents-its-reorganization-plan\\\/\"},\"wordCount\":502,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/22\\\/volkswagen-group-ceo-presents-its-reorganization-plan\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Schermafbeelding-2023-06-22-om-11.22.13.png?fit=1474%2C978&ssl=1\",\"articleSection\":[\"Energy\",\"Industry\",\"Top Stories Today\",\"Weekly Newsletter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/22\\\/volkswagen-group-ceo-presents-its-reorganization-plan\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/22\\\/volkswagen-group-ceo-presents-its-reorganization-plan\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2023\\\/06\\\/22\\\/volkswagen-group-ceo-presents-its-reorganization-plan\\\/\",\"name\":\"Volkswagen Group CEO presents its reorganization plan - 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